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20131202
20131210
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CNBC
Dec 10, 2013 4:00am EST
president obama. there are six heads of state scheduled to speak today. president obama is first among them. we're told he'll talk for about 15 minutes about the impact of mandela in the world. let's talk about that crowd you mentioned. 100,000 people. the capacity of this stadium is just under 85,000. so certainly it appears to be packed overcapacity, despite the fact that it's been raining here all day. people were told to be five hours early. some we heard from were seven hours early waiting in the rain at 3:00 in the morning just to make sure they were able to get in. ross. >> thanks for that, b tracie. if you've just joined us, u.s. futures are indicating we're going to get a tick higher again this morning, following a modest climb higher on monday. the dow is currently implied higher about 21, the s&p up almost 3 points and the nasdaq up 7. european equity ves moved modestly high after the modest moves yesterday. the xetra dax, cac 40 up 0.2% and similar amounts for the italian markets, as well. and on the bond markets, interesting move is in ten-year treasury yields which have g
CNBC
Dec 9, 2013 4:00am EST
, particularly since the fumble with obama care. the republicans may see an opening and may be a reason for them to try to get some things done. >> so, i mean, you talk about the farm bill. do they have a long way away on how much they want to trim from that? democrats want to trim 4 billion, represent can't want to trim 40 billion. this is from the food stamps department. yes, they're talking, which is a good thing. there's still a lot of distance. >> well, there's distance on the food stamp program and that's always the case. democrats, remember, those are more -- those are perceived to be more democratic constituents so they will want to do less, particularly in a mid-term election. i think you can get there, come together middle of the road, split the baby. this farm bill is important to republicans. that shows that the republicans are showing a lot more flexibility. they need a win more than the democrats need a win in this mid-term election particularly because they see that they may have the president and the democrats on their heel with obama care. if they can get a farm
CNBC
Dec 5, 2013 4:00am EST
what's driving this is what president obama called the defining challenge of our time in this economics talk yesterday. the fact is, the restaurant industry noted that the majority of the jobs our economy is creating are in these low payment fields like restaurant and retail. these aren't team jobs if they ever were. now tens of millions of adult americans spend their time cycling through these careers, these jobs. at $9 an hour, they're not sustainable. so what the fast food workers are calling for is a raise in pay and sit down with the industry for negotiationing a plan to transition to a higher wage, a higher productivity business model. >> how does the industry afford it? at the end of the day, higher wages is going to mean -- i mean, it's going to feed through and we're going to get higher cost of food, aren't we? >> so the road map for how to do this is what's happened with other similar industries in the u.s. in the big cities, they've been given more money through a similar model. there is a huge amount of revenue in the restaurant industry, but it's being skimmed off
Search Results 0 to 2 of about 3